Employee Training & Development and Organizational Benefits Dissertation

Employee Training & Development and Organizational Benefits - Dissertation Example The economy demonstrates immense uncertainties which has made knowledge one the most important and reliable source of sustaining competitive advantage. Today, knowledge has evolved as the basic capital which triggers the process of development. Initially competition was primarily built on the foundation of the possession of specific resources at low costs. However, the trend has now shifted to the possession of knowledge and knowledge management, which forms a basic component determinant of competition between organizations. Today, modern organizations use resources like time, energy, money and information for the permanent advancement and training of their human resources. Organizations extensively involved with the creation of new knowledge, extending it within the entire organization and also implementing it with the new technologies have evolved as producers of quality goods and services (Vemic, 2007, p.1). Training and Development is an important component in the field of human resource management as it is concerned with those organizational activities which are aimed at improving or bettering the performance of employees in the organizational settings. Training primarily encompasses three activities, namely training, education, and finally development. It involves the transfer of skills and knowledge from a working expert to learners in order to improve their current job performance. The concept of development is much wider. It involves a multi faceted frame of activities aimed at bringing someone from his present level to a different threshold of performance. The project aims to bring forth the effectiveness of employee training and development activities in organizations. Firstly, it begins with presenting the aims and objectives for the purpose. This is followed by a literature review of the topic which emphasizes on different aspects of the subject. A primary research is also conducted which brings out the extent to which training and development acti vities help in the benefit of the organization. The results of the research is briefly presented, interpreted and analyzed at the end of the report. The project concludes by presenting the required recommendations on the subject. Research Aims and Objectives The report primarily aims to bring forth the requirement of training and development in organizations in enhancing employee productivity and organization performance. The main objectives of the research are To bring forth the effects of training and development in organization, To analyze the impacts of training in the productivity of employees, To investigate the different training and development practices adopted in organizations To determine the interrelationship between training and development and organization performance, and To analyze the changing trends in the training and development patterns in organizations across industries. Literature Review Employee Training and Development in Organisations Organisations in the U nited Kingdom and their managers have constantly exhibited

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See description - Essay Example And as a result, Hinduism lacks a single trend or an individual whose actions can be attributed to the founding of the religion. Hinduism is believed to have developed during the Iron Age India, hence its classification as the earliest religion in the world. Hindu texts are split into two: the revealed (Śruti) and remembered (Smriti). Notably, these writings primarily discuss religion, societal values, myths, rites and the significance of temple within the society. Major scriptures are the knowledge (Vedas), philosophies (Upanishads), cosmology (Puranas), aspirations of life (Mahabharata), roles of various people (Ramayana), philosophical dialogue (Bhagavad Gita) and traditional doctrines (Āgamas). With about one billion faithful, Hinduism is the third largest spiritual organization in the world. According to Pauwels Hindu faithful generally seek guidance from God and blessings from Devas, though the latter is done occasionally (151). Hinduism is based on numerous practices geared towards inculcating the significance of God in everyday life. The faithful can worship anywhere. At home, followers often set up a place of worship and install icons devoted to their respective God. Temples carry the main deity and other associated ‘smaller’ gods. Worshipping at the temples is not mandatory, thus many visit the places only during important religious functions. The faithful do veneration through icons (Murtis), which they believe link man with God. Although, some refer to Hindu religion as henotheistic; that it involves loyalty to one god and allows the existence of others, the perception is a misunderstanding that should be